Siemens Energy India delivered a strong third-quarter performance for FY26, with net profit after tax (PAT) rising 67.8% year-on-year to ₹441 crore (₹4,409 million). This acceleration in profitability was driven by a 39.3% increase in revenue from operations to ₹2,486 crore (₹24,856 million), reflecting robust order execution and growing export contributions. The company’s profit from operations margin widened significantly by 430 basis points to 21.9%, indicating improved operational efficiency amidst rising demand for energy infrastructure solutions.

The Board of Directors, chaired by Managing Director and Chief Executive Officer Guilherme Vieira De Mendonça, approved the unaudited financial results on August 6, 2026. The figures were subject to a limited review by Price Waterhouse Chartered Accountants LLP, the statutory auditor, confirming compliance with Ind AS 34 and Regulation 33 of the SEBI Listing Regulations. The results cover the quarter and nine months ended June 30, 2026.

Financial Performance Highlights

For the nine months ended June 30, 2026, Siemens Energy India demonstrated consistent growth across key financial metrics. Total revenue reached ₹6,791 crore, up 31.1% from ₹5,181 crore in the corresponding period last year. Profit from operations stood at ₹1,437 crore, representing a 49.2% increase, while PAT climbed 52.2% to ₹1,128 crore. The company’s order backlog grew by 16.4% to ₹19,331 crore, providing substantial visibility into future revenue streams.

Segment-Wise Analysis

The Power Transmission segment remained the primary revenue driver, contributing ₹13,863 million in Q3FY26, up from ₹9,764 million in Q3FY25. Its profit from operations rose sharply to ₹2,998 million from ₹1,825 million, with margins improving to 20.8% from 19.7% in the corresponding period last year. The Power Generation segment also posted strong results, with revenue increasing to ₹10,993 million from ₹8,082 million, and profit from operations reaching ₹2,455 million, up from ₹1,312 million.

What the Numbers Show

A notable shift in the revenue mix is evident, with export contribution rising to 28.4% of total revenue in 9MFY26, compared to 21.4% in the previous year. This diversification has helped stabilize margins despite domestic market fluctuations. Additionally, the company recorded an exceptional item expense of ₹519 million (₹51.9 crore) in 9MFY26 due to the incremental impact of new Labour Codes on gratuity and compensated absences provisions. Excluding this one-time regulatory impact, the underlying operational profitability remains robust, highlighting the resilience of the business model amid structural changes in labor legislation.

Siemens Energy India posted a robust set of standalone financial results for Q1, with net profit rising sharply to ₹4.41 billion rupees compared to ₹2.6 billion rupees in the corresponding quarter of the previous year. The company also reported a significant jump in revenue and improved profitability margins, underscoring broad-based operational improvement across the period.

Q1 Financial Performance at a Glance

The company's Q1 results reflect strong year-on-year growth across all key financial metrics. The following table summarises the performance:

Revenue and Profitability

Siemens Energy India's standalone revenue for Q1 stood at ₹24.85 billion rupees, up from ₹17.85 billion rupees in the year-ago quarter, marking a substantial increase in top-line performance. Net profit for the quarter came in at ₹4.41 billion rupees, compared to ₹2.6 billion rupees in the same period last year, reflecting a significant improvement in bottom-line results.

EBITDA and Margin Expansion

The company's EBITDA for Q1 rose to ₹5.86 billion rupees from ₹3.4 billion rupees year-on-year, indicating stronger operating leverage during the quarter. Notably, the EBITDA margin expanded to 23.56% from 19.07% in the prior-year period, representing a meaningful improvement in operational efficiency and cost management. The margin expansion alongside higher absolute EBITDA underscores the company's improved profitability profile on a year-on-year basis.